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  • newIndigo to launch 10 new flights
    Promoted by Rahul Bhatia and Rakesh Gangwal, the now-listed airline is currently the largest airline by market share, which stood at 37.2 per cent in December 2015.
    - 9 hours ago, 9 Feb 16, 9:22pm -
  • newBharat Forge arm forms JV with Rafael Advanced Defense Systems
    The joing venture (JV) company, Kalyani Rafael Advanced Systems Pvt Ltd, will look to address programmes in relation to infantry combat vehicle BMP II upgrade, tactical control systems, other advanced systems to be floated by the Ministry of Defence, Bharat Forge said in a BSE filing.
    - 11 hours ago, 9 Feb 16, 7:22pm -
  • newBanking, fin services segment ahead of co's overall growth: TCS
    Banks and financial services firms spend billions of dollars annually on IT infrastructure management, upgradation and renewal, making it one of the most lucrative verticals for IT players globally.
    - 11 hours ago, 9 Feb 16, 7:19pm -
  • newAir India hikes domestic ticket cancellation charges by Rs 500
    The move comes days after budget airline SpiceJet hiking its ticket cancellation charges to Rs 1,899 from Rs 1,800 earlier.
    - 11 hours ago, 9 Feb 16, 6:35pm -
  • newNeed $5 bn more to make biotech a $100 bn sector: Mazumdar-Shaw
    She said to dominate in the field such as biotechnology and information technology what is paramount is human capital, which will actually shape India's science and technology prowess in the world.
    - 12 hours ago, 9 Feb 16, 6:22pm -
  • newStartups may get tax benefit in Budget for brand building
    According to experts, the government could allow startups and e-commerce companies to appropriate initial brand building expenses over several years for accounting benefits.
    - 12 hours ago, 9 Feb 16, 6:20pm -
  • newGovt mulling 100% FDI in market place model of ecommerce
    In such a model, the e-commerce company provides an online platform for buyers and a sellers. At present, global e-tailer giants like Amazon and Ebay are operating online marketplaces in India while homegrown players like Flipkart and Snapdeal have foreign investments even as there are no clear FDI guidelines on various online retail models
    - 12 hours ago, 9 Feb 16, 6:07pm -
  • newMorepen to sell Montelukast in Europe, North America
    The company expects to notch a global turnover of Rs 100 crore from this bulk drug alone in 2016-17.
    - 12 hours ago, 9 Feb 16, 5:30pm -
  • newAllahabad Bank to raise Rs 1,000 cr via preference share issue
    The board has approved raising of equity capital of bank aggregating up to Rs 1,000 crore including premium through preferential issue of equity shares to Government of India or LIC or any other financial institution subject to government approval, Allahabad Bank said in a statement.
    - 13 hours ago, 9 Feb 16, 5:15pm -
  • newWill resolve issues raised by USFDA in a timely manner: DRL
    The drug major had received a warning letter on November 5, 2015 from the USFDA regarding deviations from current good manufacturing practices (CGMP) at its active pharmaceutical ingredient (API) facilities at Srikakulam, Andhra Pradesh and Miryalaguda in Telangana
    - 13 hours ago, 9 Feb 16, 4:42pm -

Reuters India

  • newWall Street cuts losses late to end tad lower
    (Reuters) - U.S. stocks ended a volatile session slightly lower on Tuesday as a late-day rally led by materials and healthcare shares offset another big drop in oil prices.
    - 2 hours ago, 10 Feb 16, 3:50am -
  • newOil down 8 percent on gloomy U.S., global demand outlooks
    NEW YORK (Reuters) - Oil prices slid for a fourth straight session on Tuesday and teetered close to 12-1/2-year lows hit last month, after weak demand forecasts from the U.S. government and the western world's energy watchdog, while weak equities also pressured prices.
    - 3 hours ago, 10 Feb 16, 3:16am -
  • newGM recalling 473,000 SUVs, pickups in North America for brake pedal problems
    (Reuters) - General Motors Co said Tuesday it is recalling 473,000 pickups and SUVs in North America because brake pedals could fail due to a faulty nut.
    - 3 hours ago, 10 Feb 16, 2:52am -
  • newFacebook's India stumble could embolden other regulators
    SINGAPORE/MUMBAI (Reuters) - India's decision to effectively ban Facebook's pared-back free Internet service is a major blow to the social network's plans, and may prompt other regulators to demand equal online access for their users.
    - 4 hours ago, 10 Feb 16, 2:20am -
  • newIEA sees global oil glut worsening, OPEC deal unlikely
    LONDON (Reuters) - The world will store unwanted oil for most of 2016 as declines in U.S. output take time and OPEC is unlikely to cut a deal with other producers to reduce ballooning output, the International Energy Agency said.
    - 8 hours ago, 9 Feb 16, 9:48pm -
  • newEssar Oil says Rosneft stake buy in advanced due diligence
    MUMBAI (Reuters) - Russia's top oil producer Rosneft is still carrying out due diligence to buy a stake in Essar Oil Ltd, the Indian group which runs India's second biggest private sector refinery said on Tuesday.
    - 9 hours ago, 9 Feb 16, 8:32pm -
  • newIndia gold discounts hit record highs as demand falters
    MUMBAI (Reuters) - Indian gold traders say they are struggling to draw buyers despite offering record discounts over rallying international prices, as consumers wait to see if rates can fall further after the federal budget this month.
    - 9 hours ago, 9 Feb 16, 8:29pm -
  • newDr Reddy's expects emerging markets profit hit
    MUMBAI (Reuters) - India's second-largest drugmaker, Dr Reddy's Laboratories Ltd, expects its earnings to remain under pressure in the fourth quarter due to currency volatility in markets such as Russia and Venezuela, its chief financial officer said.
    - 10 hours ago, 9 Feb 16, 7:58pm -
  • newBad loan clean-up takes toll on state banks' earnings
    MUMBAI (Reuters) - Four state-run banks reported a spike in bad loans and provisions for sour debt on Tuesday after a clean-up exercise ordered by their regulator, sending three of them to net losses for the fiscal third quarter.
    - 10 hours ago, 9 Feb 16, 7:50pm -
  • newCost cuts, cheaper commodities help Coca-Cola top profit estimates
    (Reuters) - Coca-Cola Co reported a better-than-expected quarterly profit, helped by aggressive cost-cutting and lower commodity costs.
    - 10 hours ago, 9 Feb 16, 7:45pm -
  • newGold heads towards seven-month high as shares slide
    LONDON (Reuters) - Gold rose on Tuesday as shares resumed falls, and was just below the 7 1/2-month high struck the previous day after growing concerns about the global economic outlook sent investors into safer assets.
    - 11 hours ago, 9 Feb 16, 7:23pm -
  • newEuropean shares hit lowest since Sept 2013 as banks extend falls
    LONDON/MILAN (Reuters) - European shares turned lower in early afternoon on Tuesday to touch their lowest level in more than two years with worries about the impact on banks of sustained low interest rates keeping sentiment fragile.
    - 11 hours ago, 9 Feb 16, 6:53pm -
  • newStocks hit the rocks after Asian markets slump
    LONDON (Reuters) - A drop in bank shares kept European shares under pressure on Tuesday, after losses in Asian markets sent investors scurrying for safe havens.
    - 12 hours ago, 9 Feb 16, 6:27pm -
  • newSensex ends more than 1 percent lower; IT slumps
    REUTERS - The BSE Sensex fell more than 1 percent on Tuesday as software services exporters were hit hard after Cognizant Technology Solutions issued disappointing revenue guidance, while sentiment also remained weak after a global market sell-off.
    - 14 hours ago, 9 Feb 16, 3:59pm -
  • newNikkei posts biggest drop in three years as global growth fears hit banks
    TOKYO (Reuters) - Japan's Nikkei share average posted its biggest daily drop in nearly three years on Tuesday, with banks taking the brunt of the sell-off, while a stronger yen dragged down stocks across the board.
    - 17 hours ago, 9 Feb 16, 12:38pm -
  • newInvestors dump global stocks, seek safe havens as bank fears flare
    SYDNEY (Reuters) - Asian share markets were scorched on Tuesday as stability concerns put a torch to European bank stocks and sent investors stampeding to only the safest of safe-haven assets.
    - 18 hours ago, 9 Feb 16, 12:26pm -
  • newGoldman Sachs says metals set to underperform oil, cuts price forecasts
    REUTERS - Goldman Sachs on Monday said metals, particularly copper and aluminum, are set to underperform oil in the near future on subdued global demand growth and a sluggish Chinese economy.
    - 18 hours ago, 9 Feb 16, 12:25pm -
  • newAsia trade insurers keep close eye on China, India metals firms
    MELBOURNE (Reuters) - As rock bottom commodities prices and overcapacity weaken balance sheets at beleaguered commodities firms, trade insurers fear further pressure from payment delays and defaults in China and India, particularly in metals.
    - 18 hours ago, 9 Feb 16, 12:18pm -
  • newMore women executives mean more profits, according to study of 91 countries
    NEW YORK (Thomson Reuters Foundation) - Companies with 30 percent female executives rake in as much as six percentage points more in profits, according to a study on Monday, feeding into a global debate over the scarcity of women in decision-making business roles.
    - 19 hours ago, 9 Feb 16, 10:53am -
  • newCognizant forecasts slowest revenue growth in 14 years
    REUTERS - IT services provider Cognizant Technology Solutions Corp forecast its slowest quarterly revenue growth in 14 years, adding to mounting worries about clients keeping a tight lid on technology spending.
    - 20 hours ago, 9 Feb 16, 10:17am -

Live Mint

Live Mint - Companies

Google: India Business News

  • newJet Airways flies high, plans growth with higher fleet usage & better cost control - Economic Times

    Jet Airways flies high, plans growth with higher fleet usage & better cost control - Economic Times

    LivemintJet Airways flies high, plans growth with higher fleet usage & better cost controlEconomic TimesET INTELLIGENCE GROUP: Jet Airways (India), the country's largest full services airlines, reported higher utilisation of its aircraft fleet and passenger traffic growth that beat the average industry growth for the December quarter. It also ...Jet Airways turnaround plan on track, says ex-CEO BallLivemintJet aims to dominate domestic skiesBusiness StandardTurnaround momentum grows at Jet Airwa…
    - 2 hours ago, 10 Feb 16, 4:01am -
  • newMore women executives mean more profits, according to study of 91 countries | Reuters - Firstpost

    More women executives mean more profits, according to study of 91 countries | Reuters - Firstpost

    The Indian ExpressMore women executives mean more profits, according to study of 91 countries | ReutersFirstpostNEW YORK (Thomson Reuters Foundation) - Companies with 30 percent female executives rake in as much as six percentage points more in profits, according to a study on Monday, feeding into a global debate over the scarcity of women in decision-making ...More women executives mean more profits: studyThe HinduMore women executives mean more profits, says 91-nation studyHindustan TimesMore…
    - 2 hours ago, 10 Feb 16, 3:32am -
  • newBad loans push three govt banks into red - Times of India

    Bad loans push three govt banks into red - Times of India

    Times of IndiaBad loans push three govt banks into redTimes of IndiaNew Delhi: Three state-run lenders — Central Bank of India, Dena Bank and Allahabad Bank — reported massive losses on Tuesday, while Punjab National Bank narrowly missed slipping into the red as the growing pile of stressed loans took a toll on their ...Facts dispute claims by banks: write-off gallops, recovery crawlsThe Indian ExpressPSU bank profits plunge amid loan clean-upLivemintPunjab National Bank net drops 93 per ce…
    - 3 hours ago, 10 Feb 16, 2:44am -
  • newIndia the worst emerging equity market after China in dollar terms - Livemint

    India the worst emerging equity market after China in dollar terms - Livemint

    LivemintIndia the worst emerging equity market after China in dollar termsLivemintIndia's benchmark Sensex has underperformed all major emerging market indices in 2016, barring China, and the situation may worsen further, experts say. Year-to-date, BSE's 30-share Sensex has declined 10.3% in dollar terms, making it the second-worst ...Sensex follows rout in other Asian marketsBusiness StandardSensex slides 266 pts as weak global cues outweigh growth forecastsThe Indian ExpressMetal, IT stocks d…
    - 5 hours ago, 10 Feb 16, 1:19am -
  • newDr Reddy's posts Rs579.2 crore Q3 net profit, misses analysts estimates - Livemint

    Dr Reddy's posts Rs579.2 crore Q3 net profit, misses analysts estimates - Livemint

    LivemintDr Reddy's posts Rs579.2 crore Q3 net profit, misses analysts estimatesLivemintDr. Reddy's Laboratories Ltd, India's second largest drug maker by net sales, reported on Tuesday a 1% rise in net profit for the fiscal third quarter on the back of improved sales in North America, India and Europe. Net profit rose to Rs.579.2 crore ...Dr Reddy's Laboratories net increases marginally; domestic sales rise 34%Financial ExpressDr Reddy's Labs Q3 net flat at ₹579 crHindu Business LineDr Reddy's…
    - 5 hours ago, 10 Feb 16, 12:57am -
  • newDIPP pushes for 100% FDI in marketplace e-tail - Business Standard

    DIPP pushes for 100% FDI in marketplace e-tail - Business Standard

    Business StandardDIPP pushes for 100% FDI in marketplace e-tailBusiness StandardE-commerce companies, many of them unicorns (valued at $1 billion or more), could get full foreign direct investment (FDI) if a proposal of Department of Industrial Policy and Promotion (DIPP) passes muster. Press Trust of India reported on Tuesday ...Govt mulling 100% FDI in marketplace model of e-commerceLivemintGovernment mulling 100% FDI in market place model of ecommerceEconomic TimesOnline retail FDICalcutta Te…
    - 5 hours ago, 10 Feb 16, 12:47am -
  • newMaharashtra targets Rs 300 crore investment in five years - Times of India

    Maharashtra targets Rs 300 crore investment in five years - Times of India

    The Indian ExpressMaharashtra targets Rs 300 crore investment in five yearsTimes of IndiaMUMBAI: The state government has set itself an ambitious target of attracting an investment of Rs 300 crore with an annual turnover of Rs 1,200 crore over the next five years. This, the government estimates, in turn will yield one lakh additional jobs ...Electronics policy to attract USD 300 croreThe Asian AgeMaharashtra govt approves electronics policyBusiness StandardMaharashtra Cabinet approves electricit…
    - 6 hours ago, 10 Feb 16, 12:02am -
  • newWalmart to sign 3 pacts with Telangana govt to expand presence in the state - Daily News & Analysis

    Walmart to sign 3 pacts with Telangana govt to expand presence in the state - Daily News & Analysis

    Daily News & AnalysisWalmart to sign 3 pacts with Telangana govt to expand presence in the stateDaily News & AnalysisAmerican retail giant Walmart will soon sign three pacts with the Telangana government to expand its footprint in the state. Chief Executive of Walmart Latin America Enrique Ostale met Telangana Panchayat Raj and IT Minister K T Rama Rao , a state ...Walmart in deal with TelanganaDeccan ChronicleWalmart to sign 3 pacts with Telangana to expand presenceFinancial Expressall 7 news…
    - 6 hours ago, 9 Feb 16, 11:48pm -
  • newRamco Systems to target logistics, airline sectors - The Hindu

    Ramco Systems to target logistics, airline sectors - The Hindu

    Hindu Business LineRamco Systems to target logistics, airline sectorsThe Hindu... : Ramco Systems, an enterprise software company, will target logistics and passenger airline segments to take advantage of the strong growth in e-commerce sector, a top company official said. “Earlier, software solutions were offered on a cluttered ...Ramco Systems Q3 net profit grows 20%Hindu Business LineRamco Systems to focus on passenger airlines for aviation productsBusiness StandardRamco System Q3FY16 conso…
    - 8 hours ago, 9 Feb 16, 10:09pm -
  • newInfo-tech stocks feel the heat of Cognizant's weak guidance - Hindu Business Line

    Info-tech stocks feel the heat of Cognizant's weak guidance - Hindu Business Line

    Hindu Business LineInfo-tech stocks feel the heat of Cognizant's weak guidanceHindu Business LineEven though financial performance in December 2015 quarter and guidance of Indian information technology companies did not spring any major negative surprise, muted guidance by US-based Cognizant Technology Solutions for the calendar year 2016 ...Sensex ends more than 1 percent lower; IT slumps | ReutersFirstpostTech stocks tank on grim outlookCalcutta TelegraphCognizant's Weak Guidance Hits IT Stoc…
    - 9 hours ago, 9 Feb 16, 9:26pm -

Yahoo! World Business

  • newBeer-tracking app Untappd gets barcode scanning, hails an Uber

    - 41 mins ago, 10 Feb 16, 5:17am -
  • newRates markets, at odds with Fed, seek clarity from Yellen

    Rates markets, at odds with Fed, seek clarity from Yellen

    While Federal Reserve Chair Janet Yellen is the one tasked with delivering a message over the next two days when she speaks to Congress, financial markets are keen to know if she has absorbed their message to her: stifle your rate hike plans. In the 52 days since investors last heard from Yellen, when she held a press conference after overseeing the first U.S. interest rate hike in nearly a decade, markets have been roiled with volatility and increasing doubt about the health of the U.S. and glo…
    - 56 mins ago, 10 Feb 16, 5:02am -
  • newApple TV expanding voice controls

    Apple TV expanding voice controls

    The latest beta version of Apple TV's upcoming software also includes support for Bluetooth keyboards and the ability to organize your apps into individual folders.
    - 1 hour ago, 10 Feb 16, 4:54am -
  • newESPN takes edge off 'Star Wars' success at Disney

    ESPN takes edge off 'Star Wars' success at Disney

    Walt Disney Co's ESPN network posted a decline in profit, overshadowing the blockbuster success of "Star Wars: The Force Awakens," which drove quarterly income and revenue ahead of Wall Street expectations. Investors seemed nervous about the future prospects for Disney and other older media companies, sending its shares down 5.2 percent to $87.56 in after-hours trading. The media networks unit that includes sports network ESPN, the Disney Channels and ABC recorded a 5.6 percent decline in operat…
    - 1 hour ago, 10 Feb 16, 4:44am -
  • newWall Street cuts losses late to end tad lower

    Wall Street cuts losses late to end tad lower

    (Reuters) - U.S. stocks ended a volatile session slightly lower on Tuesday as a late-day rally led by materials and healthcare shares offset another big drop in oil prices.
    - 1 hour ago, 10 Feb 16, 4:42am -

Yahoo! India Business

  • newLIC bullish on banking, financial stocks

    LIC bullish on banking, financial stocks

    Taking advantage of the sharp fall in banking and financial services stocks, Life Corporation of India (LIC) has added to its exposure in the sector during the first nine months of the 2015-16 financial year. Data from Capitaline show that the life insurer has increased its stake in eight banks in the last three quarters, including State Bank of India (SBI), ICICI Bank, HDFC bank and Bank of Baroda. The life insurer has chosen to increase its exposure to the sector at a time when stock prices of…
    - 11 mins ago, 10 Feb 16, 5:47am -
  • newCoal India plans supplies above trigger level

    Coal India plans supplies above trigger level

    Coal India Ltd (CIL) and its subsidiaries are now looking to supply coal to consumers above the trigger level to clear its 40 million tonne pithead stock, without which it has to think of scaling down production. The trigger level for the power sector, under the new coal distribution policy, was decided at 65% of the annual contracted quantity (ACQ), whereas the fuel supply agreements (FSAs) were signed for an ACQ of 65% of the total requirement. The ACQ, according to the new coal distribution p…
    - 27 mins ago, 10 Feb 16, 5:31am -
  • newDomestic cotton prices to stay under pressure in FY17, says India Ratings
    Domestic cotton prices will stay under pressure in FY17 as volumes are unlikely to match Chinese demand, said India Ratings and Research (Ind-Ra). The rating agency has maintained a negative outlook on the cotton sector for FY17. The rating agency on Tuesday said the continuation of Chinese direct subsidy-based policy and lower demand from spinning mills will keep domestic cotton prices under pressure.
    - 28 mins ago, 10 Feb 16, 5:30am -
  • newWall Street cuts losses late to end tad lower

    Wall Street cuts losses late to end tad lower

    U.S. stocks ended a volatile session slightly lower on Tuesday as a late-day rally led by materials and healthcare shares offset another big drop in oil prices. Shares of Anadarko Petroleum dropped 7 percent to $37.24. The company announced late in the session that it was cutting its dividend, preserving cash at a time when sliding oil prices have fuelled losses.
    - 2 hours ago, 10 Feb 16, 3:50am -
  • newShares extend losses on fears over global growth, banks

    Shares extend losses on fears over global growth, banks

    "We're starting to feel some of the knock on effects from energy and distress in those markets," said Steven Baffico, chief executive officer at Four Wood Capital Partners in New York. The FTSEurofirst 300 index slumped but was off its lowest level since Sept. 2013, which was touched earlier in the session. The FTSEurofirst 300 index settled down 1.6 percent at 1,219.82.
    - 3 hours ago, 10 Feb 16, 3:19am -
  • newOil down 8 percent on gloomy U.S., global demand outlooks

    Oil down 8 percent on gloomy U.S., global demand outlooks

    By Barani Krishnan NEW YORK (Reuters) - Oil prices slid for a fourth straight session on Tuesday and teetered close to 12-1/2-year lows hit last month, after weak demand forecasts from the U.S. government and the western world's energy watchdog, while weak equities also pressured prices. "The longs got out, the shorts jumped back in and there was possibly a whole lot of hedging by producers today to sell oil at whatever low price they could," said Scott Shelton, broker and commodities specialist…
    - 3 hours ago, 10 Feb 16, 3:16am -
  • newFacebook's India stumble could embolden other regulators

    Facebook's India stumble could embolden other regulators

    By Jeremy Wagstaff and Himank Sharma SINGAPORE/MUMBAI (Reuters) - India's decision to effectively ban Facebook's pared-back free Internet service is a major blow to the social network's plans, and may prompt other regulators to demand equal online access for their users. Facebook will have to reconsider its approach in the light of India's new rules preventing Internet service providers from having different pricing policies for accessing different parts of the Web, analysts said. "This is a maj…
    - 4 hours ago, 10 Feb 16, 2:20am -
  • newU.S. dollar falls with oil, equities as markets seek safety

    U.S. dollar falls with oil, equities as markets seek safety

    By Dion Rabouin NEW YORK (Reuters) - The U.S. dollar fell sharply on Tuesday to its lowest level in nearly four months, as measured by an index of major currencies, with fears of a global economic slowdown pushing investors into safe-haven currencies like the Japanese yen and Swiss franc. The U.S. dollar index , which measures the greenback against a basket of world currencies, fell to 95.663, its lowest since Oct. 22 on Tuesday. Given the dismal performance of oil and equity markets, and the ma…
    - 4 hours ago, 10 Feb 16, 1:52am -
  • newGold nears seven-and-a-half month high as stocks remain volatile

    Gold nears seven-and-a-half month high as stocks remain volatile

    By Marcy Nicholson and Susan Fenton NEW YORK/LONDON (Reuters) - Gold turned higher on Tuesday but hovered beneath the previous session's 7-1/2-month high of $1,200 an ounce, buoyed by risk aversion as equities remained volatile and the dollar extended losses. Analysts said the metal looked overbought and fell short of testing key psychological resistance at $1,200 an ounce, attracting profit-taking earlier in the session. "We need a stabilization in stock markets and as long as that does not hap…
    - 5 hours ago, 10 Feb 16, 1:15am -
  • newTolexo eliminates structural inefficiencies in healthcare eco-system
    This expansion, it attributes to the increasing aged population with easy availability of up to date healthcare solutions and most importantly the increasing disposable income. Down pinning this growth is the fact that medical sector still has infrastructural, technological and production deficiencies. “Contemplating the market sentiment, there is an urgent need of a makeover, waiting to happen for a long time now,” said Navneet Rai, Co-founder, Tolexo, a leading market place for business an…
    - 5 hours ago, 10 Feb 16, 12:58am -
  • newTwitter, Pandora options traders on alert after LinkedIn crash

    Twitter, Pandora options traders on alert after LinkedIn crash

    By Saqib Iqbal Ahmed NEW YORK (Reuters) - The crash in LinkedIn Corp's shares last week has many traders in the options market braced for an unusually violent reaction from Twitter Inc and Pandora Media Inc's shares after the companies report results this week. LinkedIn shares dropped 44 percent on Friday, wiping out nearly $11 billion of market value, as investors balked at a disappointing revenue forecast. Traders in Twitter and Pandora options are pricing post-earnings share moves that are mo…
    - 6 hours ago, 9 Feb 16, 11:29pm -
  • newStrategies to foray into healthcare IT

    Strategies to foray into healthcare IT

    Healthcare industry is considered ever green and healthcare IT has attracted the attention of global players for investments. Healthcare IT organisations have to cope with transforming business model while adhering to strict regulatory demands of the industry. According to industry estimates, the global healthcare spending is expected to grow at an average of 5.2 per cent year on year during 2014 – 2018 to a total of $9.3 trillion.
    - 8 hours ago, 9 Feb 16, 10:01pm -
  • newIndia gold discounts hit record highs as demand falters

    India gold discounts hit record highs as demand falters

    By Rajendra Jadhav MUMBAI (Reuters) - Indian gold traders say they are struggling to draw buyers despite offering record discounts over rallying international prices, as consumers wait to see if rates can fall further after the federal budget this month. The bullion industry expects the government to cut the record 10 percent import duty on gold in the annual budget for 2016/17 that will be presented on Feb. 29, potentially boosting supply and driving domestic prices lower. Indian gold prices al…
    - 9 hours ago, 9 Feb 16, 8:29pm -
  • newDr Reddy's expects emerging markets profit hit

    Dr Reddy's expects emerging markets profit hit

    By Zeba Siddiqui MUMBAI (Reuters) - India's second-largest drugmaker, Dr Reddy's Laboratories Ltd, expects its earnings to remain under pressure in the fourth quarter due to currency volatility in markets such as Russia and Venezuela, its chief financial officer said. A 28 percent slump in emerging market sales in the quarter ended Dec. 31 pushed Dr Reddy's total profit for the period below analysts' estimates, driving its shares down to close 4 percent lower on Tuesday. Dr Reddy's, run by the I…
    - 10 hours ago, 9 Feb 16, 7:58pm -
  • newGlobal concerns, slowing domestic growth dent markets
    Mumbai, Feb 9 (IANS) Disappointing macro-economic data, coupled with a massive plunge in Japanese indices and a weak rupee subdued Indian equity markets on Tuesday.
    - 11 hours ago, 9 Feb 16, 7:20pm -
  • newIFC reissues Maharaja bonds for additional $27 million
    Mumbai, Feb 9 (IANS) A leading domestic stock exchange on Tuesday reported that World Bank Group member International Finance Corporation (IFC) reissued Maharaja bonds to raise an additional $27 million for infrastructure investment in India.
    - 11 hours ago, 9 Feb 16, 7:12pm -
  • newEuropean shares hit lowest since Sept 2013 as banks extend falls

    European shares hit lowest since Sept 2013 as banks extend falls

    By Atul Prakash and Danilo Masoni LONDON/MILAN (Reuters) - European shares turned lower in early afternoon on Tuesday to touch their lowest level in more than two years with worries about the impact on banks of sustained low interest rates keeping sentiment fragile. The index was set for its biggest weekly losing streak since 1998 as investors fret over the threat to banks' profitability and capital strength from compressed interest rate margins. Deutsche Bank shares fell 1.9 percent.
    - 11 hours ago, 9 Feb 16, 6:53pm -
  • newIT stocks fall after Cognizant weak revenue guidance

    IT stocks fall after Cognizant weak revenue guidance

    The BSE Information Technology index slid over 3 per cent in the early trade on Tuesday after the Nasdaq-listed Cognizant Technology Solutions, a IT service provider issued a weak sales forecast. Cognizant, whose rivals include Indian IT services firms such as Tata Consultancy Services and Infosys Ltd said the financial services sector was off to a slow start this year. Shares of IT majors Infosys and Tata Consultancy Services were trading 3.71 per cent and 3.44 per cent at Rs 1,106.45 and Rs 2,…
    - 14 hours ago, 9 Feb 16, 3:54pm -
  • newTop 15 stocks trending in today’s trade: Motherson Sumi, Punjab National Bank and more

    Top 15 stocks trending in today’s trade: Motherson Sumi, Punjab National Bank and more

    The BSE Sensex and NSE Nifty opened on a weak note down on Tuesday tracking global markets. At 9.23 am, Sensex was 276.85 points down at 24,010.57. NSE Nifty was trading 91.70 points down at 7,295.55.
    - 15 hours ago, 9 Feb 16, 2:38pm -
  • newLIVE: Sensex down over 200 points, Nifty below 7,310; European markets fall

    LIVE: Sensex down over 200 points, Nifty below 7,310; European markets fall

    The benchmark BSE Sensex extended losses for a second straight day and cracked below 24,000-mark
    - 16 hours ago, 9 Feb 16, 2:19pm -